The Bell Global Equities Fund invests in a globally diversified portfolio
of equity securities listed on recognised international stock exchanges.
The investment objective of the Fund is to outperform its benchmark,
the MSCI World ex-Australia Index (in AUD) including reinvested dividends,
over rolling 4-year periods. The Fund is open to retail and wholesale investors.
| Key Features |
Summary |
| Investment Objective |
To outperform its benchmark over rolling 4-year periods |
| Benchmark |
MSCI World Ex-Australia net dividends reinvested in AUD |
| Investment Universe |
Listed securities on recognised stock exchanges in the following countries: United States,
Canada, Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy,
Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, United Kingdom, Hong Kong, Japan,
Singapore, South Korea, Taiwan.
Exposure to companies domiciled in emerging markets is achieved via the purchase of shares or
American and Global Depository Receipts (ADRs and GDRs) on developed market stock exchanges
such as New York, London and Hong Kong.
|
| Number of Stocks Held |
70 – 130 stocks |
| Investment Horizon |
At least 5 years |
| Tracking Error |
Up to 7% (ex ante) |
| Currency Exposure |
The fund is denominated in Australian Dollars and is unhedged |
| Emerging Market Exposure |
Up to 10% of the Fund’s net assets can be invested in companies domiciled in emerging market countries. |
| Portfolio Turnover |
Approximately 20 – 40% p.a. |
| Cash Allocation |
Maximum cash allocation is 10%, although we generally hold much less than this. |
| Distributions |
Annually as at 30 June, with the option to:
- reinvest the amount as additional units, or
- have the amount paid to a nominated bank account.
|
| Minimum Initial Investment |
Retail – $10,000
Wholesale – $500,000 |
| Minimum Additional Investment |
Retail – $1,000
Wholesale – $25,000 |
| Fees & Expenses |
Retail – Management Fee: 1.60%p.a. Contribution Fee and Trail Commission may also be applicable. Please see current PDS for details.
Wholesale – Tiered Management Fee:
$500,000 - $50m – 0.75%p.a.
$50m - $150m – 0.70%p.a.
$150m+ – 0.60%p.a. |
| Buy/sell spread |
+/-0.30% |
| Applications & Withdrawals |
Daily, with notice to be received by the fund's administrator by 2.00pm Melbourne time. |
| Unit Pricing |
Calculated daily. Month end prices are published on website. To obtain daily prices please contact us. |
| Custodian & Administrator |
National Asset Servicing (NAS), a division of the National Australia Bank. |
| Type of Fund |
Unlisted Managed Investment Scheme |
| APIR Code |
Retail – BPF0016AU
Wholesale – BPF0014AU |
| Investor Reporting |
Investors will receive:
- application & withdrawal confirmations
- quarterly unitholder statements
- annual tax statement
- distribution statement
- annual audited financial statements are available upon request
|